subsidiary

4 ENTRIES FOUND:

1sub·sid·i·ary

adjective \səb-ˈsi-dē-ˌer-ē, -ˈsi-də-rē\

: not as important as something else

: owned or controlled by another company

Full Definition of SUBSIDIARY

1
a :  furnishing aid or support :  auxiliary <subsidiary details>
b :  of secondary importance <a subsidiary stream>
2
:  of, relating to, or constituting a subsidy <a subsidiary payment to an ally>
sub·sid·i·ari·ly \-ˌsi-dē-ˈer-ə-lē\ adverb

Origin of SUBSIDIARY

Latin subsidiarius, from subsidium reserve troops
First Known Use: 1543

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

2subsidiary

noun

: a company that is owned or controlled by another company

plural subsidiar·ies

Full Definition of SUBSIDIARY

:  one that is subsidiary; especially :  a company wholly controlled by another

Examples of SUBSIDIARY

  1. one of the company's foreign subsidiaries

First Known Use of SUBSIDIARY

1603

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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